The PE ratio for Veeva Systems stock stands at 54.07 as of Jul 25, 2024. This is based on the current EPS of $3.45 and the stock price of $186.55 per share. A decrease of 8% has been seen in the P/E ratio compared to the average of 58.6 of the last 4 quarters.
Over the last ten years, the average PE ratio of Veeva Systems has been 78.59. The current 54.07 PE ratio is 31% below the historical average. Over the past ten years, VEEV's PE ratio was at its highest in the Jul 2020 quarter at 119.71, with a price of $264.57 and an EPS of $2.21. The Oct 2023 quarter recorded the bottom point at 53.98, with a price of $192.71 and an EPS of $3.57.
Maximum annual increase: 52.64% in 2021
Maximum annual decrease: -41.64% in 2015
Year | PE ratio | Change |
---|---|---|
2024 | 63.43 | 16.77% |
2023 | 54.32 | -35.93% |
2022 | 84.78 | -22.72% |
2021 | 109.7 | 52.64% |
2020 | 71.87 | 4.78% |
2019 | 68.59 | 17.85% |
2018 | 58.2 | -21.63% |
2017 | 74.26 | 26.34% |
2016 | 58.78 | -36.64% |
2015 | 92.77 | -41.64% |
VEEV's current P/E ratio is below the 3, 5 and 10-year averages.
VEEV's PE ratio is lower than its peer stock SPSC, but it is greater than MSFT's and HSTM's.
Stock name | PE ratio | Market cap |
---|---|---|
MSFT Microsoft Corp | 36.69 | $3.16T |
HSTM Healthstream Inc | 50.59 | $891.87M |
VEEV Veeva Systems Inc | 55.78 | $31.11B |
SPSC Sps Commerce Inc | 111.76 | $7.74B |
NTCT Netscout Systems Inc | N/A | $1.43B |
The price to earnings ratio for VEEV stock is 54.07 as of Jul 25, 2024.
The average PE ratio for VEEV stock over the past 3 years is 73.31.
The average PE ratio for VEEV stock over the past 5 years is 82.26.
In the last ten years, the Jul 2020 quarter recorded the highest quarterly PE ratio at 119.71.
VEEV's current price to earnings ratio is 31% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Veeva Systems's stock price is $186.55. The earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $3.45. Therefore, Veeva Systems's P/E ratio for today is 54.07. PE RATIO(54.07) = STOCK PRICE($186.55) / TTM EPS($3.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.